1 City of Huntington Beach
Quarterly Investment Report
December 2024
Prepared by:
Alisa Backstrom, MBA, CCMT, CPFIM
City Treasurer
Colin Stevens, MPP
Treasury Manager
2 INVESTMENT PORTFOLIO SUMMARY
As of December 31, 2024
Currently, funds within this portfolio
with overnight availability are invested in the California Asset Management Program “CAMP” and money market funds. The CAMP account is considered a “Local Government Investment Pool” or “LGIP” for reporting purposes above. Other funds are invested in U.S.
Treasuries, Supranationals (International Bank of Reconstructi on and Development “IBRD”, Inter- American Development Bank “IADB”, International Finance Corp “IFC”), U.S. Agencies, and corporate bonds. Only the investment types allowed under California Government code Section 53601 and the City’s Investment Policy Statement are utilized.
As of December 31, 2024, the book value of the portfolio was $390.1 million with a market value of $385.2 million. As investments are pr imarily held to maturity, the market value is only a point-in-time measurement, and no loss is realized.
3 PORTFOLIO BREAKOUT BY SECTOR
As of December 31, 2024
The largest holding by security type at month-end was U.S. Agency securities at approximately 40% of the total overall portfolio. This wa s followed by U.S. Treasury securi ties at approximately 18% of the total portfolio as of December 31, 2024. Cash held in the Local Government Investment Pools (“LGIP”) has been reduced as higher interest rates have become available in marketable securities.
INVESTMENT PORTFOLIO EARNINGS
As of December 31, 2024
Earnings for the month of December 2024 were $988,461 an increase of approximately 29% from the same month in the prior year. Fiscal year to date earnings of $5,832,617 were up approximately 27% from the previous fiscal year. These higher earnings were due to both the increase in interest rates and
4 the higher average balance of the portfolio. The effective rate of return for December was 3.17%, with a fiscal year-to-date return of 3.08%. The benchmark has increased with the sharp rise in interest rates.
At the end of December, the 12-month moving average of the interpolated 1.5-year U.S. Treasury was
4.54%. The portfolio will lag the benchmark, as it will take time for previously purchased securities to mature and for funds to be reinvested.
QUARTERLY PORTFOLIO ACTIVITY
October 1 to December 31, 2024
As interest rates have remained elevated towards y ear end, available funds were invested into higher yielding options. For the quarter ending December 31, 2024, three U.S. Agencies were purchased for $15.0 million, one Supranational (IFC) was purc hased for $5.0 million, one U.S. Treasury was purchased for $5.0 million. One U.S. Agency matured for $5.0 million, and one U.S. Treasury matured for $3 million.
COMPLIANCE SUMMARY
As of December 31, 2024
There were no compliance issues during this period.
5 ECONOMIC AND MARKET OVERVIEW
The Feder
al Open Market Committee (“FOMC” or “the Fed”) lowered the federal funds rate twice since the prior quarter. They lowered by 1/4 percentage point at their meeting in November, and another 1/4 percentage point at the December m eeting. The federal funds rate cu rrently stands at 4-1/4 to 4-1/2 percent as of December 2024.
Fixed Income / Equity Markets: The yield on the 10-year U.S. Treasury finished the quarter at 4.58%, up from 3.81% at the end of the previous quarter. The S&P 500 in creased by 2.07% and the DJIA increased by 0.51% respectively, over the same period.
Employment: Total nonfarm payroll employment rose by 256,000 in December, and the unemployment rate was little changed at 4.1 percent. Notable job gains occurred in health care, government, and social assistance.
Portfolio Summary
City of Huntington Beach
Portfolio: CITY
Reporting Date: (FY2025)
12/01/2024 - 12/31/2024
Full Accrual Basis
Par Value Book Value Market Value Book Value
% of Port Book Yield Book Yield
Contribution
Days to
Maturity
Cash / Money Market
Local Govt Inv Pools (LGIP)
Negotiable CDs
U.S. Treasuries
Supranational
U.S. Agencies
Corporates
Hold
Total
$27,854,884.54 $27,854,884.54 $27,854,884.54 7.14% 4.33% 0.31% 1 $20,371,580.00 $20,371,580.00 $20,371,580.00 5.22% 4.73% 0.25% 1 $5,000,000.00 $5,000,000.00 $5,000,000.00 1.28% 4.51% 0.06% 218 $69,000,000.00 $68,844,170.42 $67,571,130.00 17.65% 2.83% 0.50% 742 $50,000,000.00 $49,670,448.00 $49,227,250.00 12.73% 3.33% 0.42% 955 $155,980,000.00 $156,047,943.04 $153,294,849.95 40.01% 2.67% 1.07% 683 $62,762,000.00 $62,274,264.53 $61,899,259.56 15.97% 4.15% 0.66% 694 $390,968,464.54 $390,063,290.53 $385,218,954.05 100.00% 3.27% 639 Portfolio Investments
12/31/2024
Date
City Treasurer
TitleAlisa Backstrom
I certify that this report and the corresponding pages attached accurately reflect all portfolio combined investments and conforms with all California state statutes and the Huntington Beach investment policy filed on December 19, 2023. The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations. Market values are provided by US Bank via Interactive Data Corp (IDC) City Portfolio Certification
Fiscal YTD Transactions
Redemptions 1
Purchases 2
Total Activity 3
Period Transactions
Redemptions 15
Purchases 13
Total Activity 28
Net Period Earnings $5,832,617.42
Last FY Period Net Earnings $4,581,569.04
Avg Daily Book Balance $378,503,932.79
$1.00 $1.00
Net Effective Annual Return 3.080%
Net Period Earnings $988,460.84
Last FY Period Net Earnings $767,580.82
Avg Daily Book Balance $372,456,009.97
$1.00 $1.00
Net Effective Annual Return 3.170%
Fiscal YTD Summary (184 Days)Period Earnings Summary (31 Days) ______________________________________________ __________________ sum2
Total Market Value
$1.00
$385,218,954.05
sum2
Total Book Value
$2.00
$390,063,290.53
Market Value
Book Value
Par Value
sum2
Total Par Value
$1.00
$390,968,464.54
The City Portfolio uses a 12 month moving average of the 1.5Yr Treasury for comparison purposes. This period, that rate is equal to: 4.540% ____________________________________________
6 Accounting ID Ticker Pool Description Type Par Value Book Value Market Value Rate % of Portfolio 104 FUZXX First American Treasury Obligations Cash/Money Market 27,854,884.54 27,854,884.54 27,854,884.54 4.330 7.14% Cash/Money Market Total 27,854,884.54 27,854,884.54 27,854,884.54 7.14% 003 CAMP California Asset Management Program LGIP 20,371,580.00 20,371,580.00 20,371,580.00 4.730 5.22% LGIP Total 20,371,580.00 20,371,580.00 20,371,580.00 5.22% Portfolio: CITYCash By Structure Report
City of Huntington Beach
Reporting Period:
12/31/2024
Report Run Date: Jan 22, 2025
7 Accounting ID Transaction Type Cusip Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total 4334
Maturity
3130AMW65
FHLB 0.500 12/30/2024
100.00000
12/30/2024
12/30/2024
5,000,000.00
5,000,000.00
0.00 5,000,000.00
Activity Total 5,000,000.00 5,000,000.00 0.00 5,000,000.00 Portfolio: CITY Bond Redemption Activity Report
City of Huntington Beach
Reporting Period:
12/31/2024
Report Run Date: Jan 22, 2025
8 Accounting ID Transaction Type Cusip Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total 4425
Buy
313385CA2
FHDN 0.000 02/18/2025
99.17583
12/11/2024
12/11/2024
5,000,000.00
4,958,791.67
0.00 4,958,791.67
4426
Buy
3134HAU43
FHLMC 4.625 12/18/2029
100.00000
12/20/2024
12/20/2024
5,000,000.00
5,000,000.00
0.00 5,000,000.00
Activity Total 10,000,000.00 9,958,791.67 0.00 9,958,791.67 Portfolio: CITY Bond Purchase Activity Report
City of Huntington Beach
Reporting Period:
12/31/2024
Report Run Date: Jan 22, 2025
9 Accounting ID Transaction Type Cusip Description Date Posted Interest Received Purchased Interest Adjustment Net Interest
4382
Interest Income
717081DV2
PFE 2.750 06/03/2026
12/03/2024
68,750.00
68,750.00
4392
Interest Income
3130AW4N7
FHLB 3.630 06/04/2027
12/04/2024
90,750.00
90,750.00
4397
Interest Income
3130AWER7
FHLB 4.625 06/06/2025
12/06/2024
69,375.00
69,375.00
4395
Interest Income
3130AWC24
FHLB 4.000 06/09/2028
12/09/2024
100,000.00
100,000.00
4399
Interest Income
3130AWC24
FHLB 4.000 06/09/2028
12/09/2024
100,000.00
100,000.00
4401
Interest Income
45818WEQ5
IADB 3.800 06/09/2028
12/09/2024
95,000.00
95,000.00
4414
Interest Income
3130B1BC0
FHLB 4.625 06/08/2029
12/09/2024
138,107.64
48,819.44
89,288.20
4415
Interest Income
3130B1BC0
FHLB 4.625 06/08/2029
12/09/2024
138,107.64
52,673.61
85,434.03
4388
Interest Income
3130AVWS7
FHLB 3.750 06/12/2026
12/12/2024
56,250.00
56,250.00
4335
Interest Income
3130AMFS6
FHLB 0.750 06/12/2026
12/12/2024
18,750.00
18,750.00
4375
Interest Income
110122CN6
BMY 3.200 06/15/2026
12/16/2024
80,000.00
80,000.00
4376
Interest Income
91282CEU1
T 2.875 06/15/2025
12/16/2024
43,125.00
43,125.00
4396
Interest Income
3133EPMV4
FFCB 4.125 06/15/2027
12/16/2024
103,125.00
103,125.00
4381
Interest Income
3135G04Z3
FNMA 0.500 06/17/2025
12/17/2024
12,500.00
12,500.00
4329
Interest Income
3135G04Z3
FNMA 0.500 06/17/2025
12/17/2024
12,500.00
12,500.00
4398
Interest Income
3133EPNG6
FFCB 4.375 06/23/2026
12/23/2024
65,625.00
65,625.00
4417
Interest Income
437076DB5
HD 4.875 06/25/2027
12/26/2024
121,875.00
39,270.83
82,604.17
4345
Interest Income
3130AQ5S8
FHLB 1.250 06/30/2025
12/30/2024
29,062.50
29,062.50
4347
Interest Income
3130AQ7E7
FHLB 1.500 06/30/2026
12/30/2024
37,500.00
37,500.00
4334
Interest Income
3130AMW65
FHLB 0.500 12/30/2024
12/30/2024
12,500.00
12,500.00
4379
Interest Income
91282CEW7
T 3.250 06/30/2027
12/31/2024
81,250.00
81,250.00
4406
Interest Income
91282CEW7
T 3.250 06/30/2027
12/31/2024
81,250.00
81,250.00
4421
Interest Income
91282CHK0
T 4.000 06/30/2028
12/31/2024
100,000.00
43,478.26
56,521.74
Activity Total 1,655,402.78 184,242.14 1,471,160.64 Portfolio: CITY Bond Interest Received Report
City of Huntington Beach
Reporting Period:
12/31/2024
Report Run Date: Jan 22, 2025
10 Accounting
ID CUSIP Ticker Coupon Maturity Date Short Description Trade Date Settlement Date Par Value Book Value Market Value Gain/Loss Book
Yield
Effective
Duration
Days to
Maturity
(%) of
Portfolio
Moodys
Rating
S&P
Rating
Fitch
Rating
4420 PPGJFO804 CAMP 4.510 08/07/2025 California Asset Management 08/23/2024 08/23/2024 5,000,000.00 5,000,000.00 5,000,000.00 0.00 4.510 0.60 218 1.28% AAA Negotiable CDs 5,000,000.00 5,000,000.00 5,000,000.00 0.00 1.28% 4376
91282CEU1
T
2.875
06/15/2025
U.S. Treasury Note
11/17/2022
11/18/2022
3,000,000.00
2,982,185.27
2,981,880.00
(305.27)
4.276
0.45 165
0.76%
Aaa
AA+
AA+
4330 91282CAB7 T 0.250 07/31/2025 U.S. Treasury Note 05/18/2021 05/19/2021 5,000,000.00 4,989,601.30 4,886,300.00 (103,301.30) 0.615 0.57 211 1.28% Aaa AA+ AA+ 4340 91282CAJ0 T 0.250 08/31/2025 U.S. Treasury Note 09/23/2021 09/27/2021 5,000,000.00 4,984,178.87 4,869,650.00 (114,528.87) 0.735 0.65 242 1.28% Aaa AA+ AA+ 4351 9128284Z0 T 2.750 08/31/2025 U.S. Treasury Note 12/30/2021 12/31/2021 5,000,000.00 5,053,279.76 4,950,950.00 (102,329.76) 1.103 0.64 242 1.30% Aaa AA+ AA+ 4411 91282CHM6 T 4.500 07/15/2026 U.S. Treasury Note 03/11/2024 03/12/2024 5,000,000.00 5,008,481.87 5,018,000.00 9,518.13 4.380 1.44 560 1.28% Aaa AA+ AA+ 4341 91282CCP4 T 0.625 07/31/2026 U.S. Treasury Note 09/30/2021 09/30/2021 5,000,000.00 4,974,998.53 4,725,250.00 (249,748.53) 0.950 1.54 576 1.28% Aaa AA+ AA+ 4339 91282CCW9 T 0.750 08/31/2026 U.S. Treasury Note 09/23/2021 09/23/2021 1,000,000.00 997,727.54 944,350.00 (53,377.54) 0.890 1.62 607 0.26% Aaa AA+ AA+ 4342 91282CCW9 T 0.750 08/31/2026 U.S. Treasury Note 11/22/2021 11/23/2021 5,000,000.00 4,956,988.20 4,721,750.00 (235,238.20) 1.285 1.62 607 1.27% Aaa AA+ AA+ 4379 91282CEW7 T 3.250 06/30/2027 U.S. Treasury Note 12/28/2022 12/29/2022 5,000,000.00 4,915,171.84 4,882,750.00 (32,421.84) 4.000 2.37 910 1.26% Aaa AA+ AA+ 4406 91282CEW7 T 3.250 06/30/2027 U.S. Treasury Note 12/21/2023 12/22/2023 5,000,000.00 4,918,057.54 4,882,750.00 (35,307.54) 3.960 2.37 910 1.26% Aaa AA+ AA+ 4424 91282CKZ3 T 4.375 07/15/2027 U.S. Treasury Note 10/31/2024 11/04/2024 5,000,000.00 5,033,593.59 5,012,850.00 (20,743.59) 4.090 2.33 925 1.29% Aaa AA+ AA+ 4409 91282CFB2 T 2.750 07/31/2027 U.S. Treasury Note 01/18/2024 01/19/2024 5,000,000.00 4,841,730.95 4,815,350.00 (26,380.95) 4.080 2.43 941 1.24% Aaa AA+ AA+ 4421 91282CHK0 T 4.000 06/30/2028 U.S. Treasury Note 09/17/2024 09/18/2024 5,000,000.00 5,092,396.81 4,948,300.00 (144,096.81) 3.431 3.23 1,276 1.31% Aaa AA+ AA+ 4408
91282CHQ7
T
4.125
07/31/2028
U.S. Treasury Note
01/12/2024
01/16/2024
10,000,000.00
10,095,778.35
9,931,000.00
(164,778.35)
3.831
3.24 1,307
2.59%
Aaa
AA+
AA+
U.S. Treasuries 69,000,000.00 68,844,170.42 67,571,130.00 (1,273,040.42) 17.65% 4338
459058JE4
IBRD
0.376
07/28/2025
Int'l Bank for Recon and Dev
07/28/2021
07/30/2021
5,000,000.00
4,994,098.05
4,887,400.00
(106,698.05)
0.583
0.56 208
1.28%
Aaa
AAA
AAA
4319
459058JL8
IBRD
0.500
10/28/2025
Int'l Bank for Recon and Dev
01/08/2021
01/12/2021
5,000,000.00
4,999,526.80
4,842,800.00
(156,726.80)
0.512
0.80 300
1.28%
Aaa
AAA
AAA
4324
45906M2L4
IBRD
0.650
02/24/2026
Int'l Bank for Recon and Dev
04/28/2021
04/30/2021
5,000,000.00
4,987,662.40
4,782,000.00
(205,662.40)
0.870
1.12 419
1.28%
Aaa
AAA
AAA
4413
45818WFN1
IADB
4.850
07/19/2027
Inter-American Development Bank
05/28/2024
05/29/2024
10,000,000.00
10,018,928.67
10,107,100.00
88,171.33
4.770
2.33 929
2.57%
Aaa
AAA
AAA
4401
45818WEQ5
IADB
3.800
06/09/2028
Inter-American Development Bank
09/19/2023
09/21/2023
5,000,000.00
4,874,122.08
4,903,750.00
29,627.92
4.622
3.18 1,255
1.25%
Aaa
AAA
AAA
4402
459058KT9
IBRD
3.500
07/12/2028
Int'l Bank for Recon and Dev
11/09/2023
11/13/2023
5,000,000.00
4,802,423.47
4,857,100.00
54,676.53
4.760
3.23 1,288
1.23%
Aaa
AAA
AAA
4403
459058KT9
IBRD
3.500
07/12/2028
Int'l Bank for Recon and Dev
12/04/2023
12/06/2023
5,000,000.00
4,865,186.50
4,857,100.00
(8,086.50)
4.350
3.23 1,288
1.25%
Aaa
AAA
AAA
4410
459058KW2
IBRD
4.625
08/01/2028
Int'l Bank for Recon and Dev
01/23/2024
01/25/2024
5,000,000.00
5,080,129.15
5,032,450.00
(47,679.15)
4.130
3.22 1,308
1.30%
Aaa
AAA
AAA
4423
45950KDH0
IFC
4.250
07/02/2029
International Finance Corp
10/22/2024
10/23/2024
5,000,000.00
5,048,370.87
4,957,550.00
(90,820.87)
4.011
3.97 1,643
1.29%
Aaa
AAA
Supranational 50,000,000.00 49,670,448.00 49,227,250.00 (443,198.00) 12.73% 4425
313385CA2
FHDN
0.000
02/18/2025
Federal Home Loan Bank Discount
12/10/2024
12/11/2024
5,000,000.00
4,971,333.34
4,971,300.00
(33.34)
4.408
0.13 48
1.27%
P-1
A-1+
4332
3130AMQ62
FHLB
0.625
03/14/2025
Federal Home Loan Bank
05/26/2021
06/14/2021
5,000,000.00
5,000,000.00
4,963,200.00
(36,800.00)
0.625
0.20 72
1.28%
Aaa
AA+
4397
3130AWER7
FHLB
4.625
06/06/2025
Federal Home Loan Bank
06/14/2023
06/15/2023
3,000,000.00
2,999,587.97
3,003,930.00
4,342.03
4.659
0.42 156
0.77%
Aaa
AA+
4329
3135G04Z3
FNMA
0.500
06/17/2025
Fannie Mae
05/13/2021
05/14/2021
5,000,000.00
4,997,086.83
4,915,950.00
(81,136.83)
0.628
0.45 167
1.28%
Aaa
AA+
AA+
4381
3135G04Z3
FNMA
0.500
06/17/2025
Fannie Mae
01/12/2023
01/13/2023
5,000,000.00
4,923,552.63
4,915,950.00
(7,602.63)
4.013
0.45 167
1.26%
Aaa
AA+
AA+
4345
3130AQ5S8
FHLB
1.250
06/30/2025
Federal Home Loan Bank
12/08/2021
12/30/2021
4,650,000.00
4,650,000.00
4,582,342.50
(67,657.50)
1.250
0.49 180
1.19%
Aaa
AA+
4327
3130AMDL3
FHLB
0.800
07/25/2025
Federal Home Loan Bank
05/11/2021
05/25/2021
5,000,000.00
5,000,000.00
4,903,900.00
(96,100.00)
0.800
0.55 205
1.28%
Aaa
AA+
4360
3130AQT94
FHLB
1.600
08/28/2025
Federal Home Loan Bank
03/03/2022
03/04/2022
4,575,000.00
4,568,731.26
4,494,251.25
(74,480.01)
1.816
0.64 239
1.17%
Aaa
AA+
4331
3130AMQ54
FHLB
0.700
09/16/2025
Federal Home Loan Bank
05/26/2021
06/16/2021
5,000,000.00
5,000,000.00
4,875,450.00
(124,550.00)
0.700
0.69 258
1.28%
Aaa
AA+
4318
3135GA2Z3
FNMA
0.560
11/17/2025
Fannie Mae
01/08/2021
01/11/2021
3,000,000.00
3,000,597.25
2,905,320.00
(95,277.25)
0.500
0.86 320
0.77%
Aaa
AA+
AA+
4320
3130AKN36
FHLB
0.525
01/15/2026
Federal Home Loan Bank
01/14/2021
01/15/2021
5,000,000.00
4,998,961.11
4,811,050.00
(187,911.11)
0.545
1.01 379
1.28%
Aaa
AA+
4321
3130AKN85
FHLB
0.550
01/20/2026
Federal Home Loan Bank
01/14/2021
01/20/2021
5,000,000.00
4,999,473.61
4,809,750.00
(189,723.61)
0.560
1.03 384
1.28%
Aaa
AA+
4322
3130AKUS3
FHLB
0.500
01/28/2026
Federal Home Loan Bank
01/26/2021
01/28/2021
5,000,000.00
5,000,000.00
4,803,100.00
(196,900.00)
0.500
1.05 392
1.28%
Aaa
AA+
4333 3130ALEY6 FHLB 0.800 03/04/2026 Federal Home Loan Bank 06/09/2021 06/10/2021 5,000,000.00 5,000,000.00 4,802,600.00 (197,400.00) 0.800 1.14 427 1.28% Aaa AA+ 4328 3130AMJN3 FHLB 1.030 05/26/2026 Federal Home Loan Bank 05/12/2021 05/26/2021 5,000,000.00 5,000,000.00 4,777,550.00 (222,450.00) 1.030 1.36 510 1.28% Aaa AA+ 4335 3130AMFS6 FHLB 0.750 06/12/2026 Federal Home Loan Bank 06/16/2021 06/17/2021 5,000,000.00 4,991,292.48 4,751,150.00 (240,142.48) 0.873 1.41 527 1.28% Aaa AA+ 4388 3130AVWS7 FHLB 3.750 06/12/2026 Federal Home Loan Bank 05/08/2023 05/09/2023 3,000,000.00 2,998,048.01 2,977,230.00 (20,818.01) 3.796 1.39 527 0.77% Aaa AA+ 4398 3133EPNG6 FFCB 4.375 06/23/2026 Federal Farm Credit Bank 06/22/2023 06/23/2023 3,000,000.00 2,999,335.00 3,004,170.00 4,835.00 4.391 1.41 538 0.77% Aaa AA+ AA+ 4347 3130AQ7E7 FHLB 1.500 06/30/2026 Federal Home Loan Bank 12/14/2021 12/30/2021 5,000,000.00 5,000,665.43 4,796,350.00 (204,315.43) 1.339 1.45 545 1.28% Aaa AA+ 4384 3130AUMC5 FHLB 3.750 07/20/2026 Federal Home Loan Bank 01/17/2023 01/19/2023 5,000,000.00 5,000,000.00 4,959,450.00 (40,550.00) 3.750 1.46 565 1.28% Aaa AA+ 4356 3130AQS79 FHLB 2.250 08/07/2026 Federal Home Loan Bank 01/27/2022 02/07/2022 5,000,000.00 5,000,000.00 4,841,400.00 (158,600.00) 2.250 1.53 583 1.28% Aaa AA+ 4386 3133EPGT6 FFCB 3.875 04/26/2027 Federal Farm Credit Bank 04/21/2023 04/26/2023 5,000,000.00 4,996,665.80 4,954,100.00 (42,565.80) 3.906 2.18 845 1.28% Aaa AA+ AA+ 4389 3133EPJP1 FFCB 3.625 05/12/2027 Federal Farm Credit Bank 05/08/2023 05/12/2023 5,000,000.00 4,991,815.03 4,925,150.00 (66,665.03) 3.700 2.23 861 1.28% Aaa AA+ AA+ 4392 3130AW4N7 FHLB 3.630 06/04/2027 Federal Home Loan Bank 05/16/2023 05/18/2023 5,000,000.00 5,000,000.00 4,921,700.00 (78,300.00) 3.630 2.29 884 1.28% Aaa AA+ 4396 3133EPMV4 FFCB 4.125 06/15/2027 Federal Farm Credit Bank 06/09/2023 06/15/2023 5,000,000.00 4,999,416.81 4,978,200.00 (21,216.81) 4.130 2.31 895 1.28% Aaa AA+ AA+ Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
12/31/2024
Report Run Date: Jan 22, 2025 11
Accounting
ID CUSIP Ticker Coupon Maturity Date Short Description Trade Date Settlement Date Par Value Book Value Market Value Gain/Loss Book
Yield
Effective
Duration
Days to
Maturity
(%) of
Portfolio
Moodys
Rating
S&P
Rating
Fitch
Rating
4385 3134GYPF3 FHLMC 4.750 07/12/2027 Freddie Mac 04/21/2023 04/24/2023 3,300,000.00 3,297,029.35 3,291,255.00 (5,774.35) 4.791 1.31 922 0.85% Aaa AA+ AA+ 4405 3130AWWN6 FHLB 4.500 09/10/2027 Federal Home Loan Bank 12/04/2023 12/05/2023 4,455,000.00 4,467,488.73 4,475,671.20 8,182.47 4.383 2.48 982 1.15% Aaa AA+ 4395 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/09/2023 06/13/2023 5,000,000.00 5,003,170.82 4,934,900.00 (68,270.82) 3.979 3.17 1,255 1.28% Aaa AA+ 4399 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/26/2023 06/27/2023 5,000,000.00 4,998,089.51 4,934,900.00 (63,189.51) 4.012 3.17 1,255 1.28% Aaa AA+ 4400 31422X5U2 FAMCA 5.100 08/07/2028 Farmer Mac 08/02/2023 08/07/2023 2,000,000.00 2,000,000.00 1,999,980.00 (20.00) 5.100 1.42 1,314 0.51% 4414 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/18/2024 07/19/2024 5,000,000.00 5,104,045.59 5,045,100.00 (58,945.59) 4.100 3.97 1,619 1.31% Aaa AA+ 4415 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/24/2024 07/25/2024 5,000,000.00 5,091,556.47 5,045,100.00 (46,456.47) 4.162 3.97 1,619 1.31% Aaa AA+ 4422 3135GAVN8 FNMA 4.330 07/09/2029 Fannie Mae 09/26/2024 10/09/2024 5,000,000.00 5,000,000.00 4,937,900.00 (62,100.00) 4.330 2.47 1,650 1.28% Aaa AA+ AA+ 4426 3134HAU43 FHLMC 4.625 12/18/2029 Freddie Mac 12/18/2024 12/20/2024 5,000,000.00 5,000,000.00 4,985,500.00 (14,500.00) 4.625 2.34 1,812 1.28% Aaa AA+ AA+ U.S. Agencies 155,980,000.00 156,047,943.04 153,294,849.95 (2,753,093.09) 40.01% 4371 459200KS9 IBM 4.000 07/27/2025 IBM 08/09/2022 08/11/2022 6,000,000.00 6,006,087.24 5,975,640.00 (30,447.24) 3.810 0.55 207 1.54% A3 A- 4372 931142EW9 WMT 3.900 09/09/2025 Walmart 09/20/2022 09/22/2022 5,000,000.00 4,991,958.01 4,982,450.00 (9,508.01) 4.150 0.67 251 1.28% Aa2 AA AA 4382 717081DV2 PFE 2.750 06/03/2026 Pfizer Inc 01/13/2023 01/18/2023 5,000,000.00 4,908,472.10 4,880,750.00 (27,722.10) 4.142 1.37 518 1.26% A2 A WD 4375 110122CN6 BMY 3.200 06/15/2026 Bristol-Myers Squibb 11/14/2022 11/16/2022 5,000,000.00 4,914,753.45 4,911,300.00 (3,453.45) 4.480 1.39 530 1.26% A2 A 4390 931142EM1 WMT 3.050 07/08/2026 Walmart 05/11/2023 05/15/2023 4,257,000.00 4,214,497.78 4,172,200.56 (42,297.22) 3.752 1.43 553 1.08% Aa2 AA AA 4391 904764AU1 UNANA 2.000 07/28/2026 Unilever 05/11/2023 05/15/2023 2,505,000.00 2,440,425.88 2,414,319.00 (26,106.88) 3.752 1.51 573 0.63% A1 A+ WD 4404 037833DN7 AAPL 2.050 09/11/2026 Apple 12/04/2023 12/06/2023 5,000,000.00 4,800,447.24 4,809,550.00 9,102.76 4.583 1.63 618 1.23% Aaa AA+ 4407 713448DN5 PEP 2.375 10/06/2026 Pepsi 12/21/2023 12/26/2023 5,000,000.00 4,843,631.25 4,831,300.00 (12,331.25) 4.273 1.69 643 1.24% A1 A+ WD 4417 437076DB5 HD 4.875 06/25/2027 Home Depot 08/22/2024 08/23/2024 5,000,000.00 5,091,451.61 5,047,400.00 (44,051.61) 4.061 2.28 905 1.31% A2 A A 4416 438516CX2 HON 4.650 07/30/2027 Honeywell 08/14/2024 08/15/2024 5,000,000.00 5,059,846.47 5,018,200.00 (41,646.47) 4.137 2.33 940 1.30% A2 A A 4418 023135BC9 AMZN 3.150 08/22/2027 Amazon 08/22/2024 08/23/2024 5,000,000.00 4,890,269.23 4,827,600.00 (62,669.23) 4.040 2.45 963 1.25% A1 AA AA- 4419 14913UAR1 CAT 4.400 10/15/2027 Caterpillar 09/09/2024 09/10/2024 5,000,000.00 5,067,083.41 4,980,400.00 (86,683.41) 3.886 2.57 1,017 1.30% A2 A A+ 4412 24422EXB0 DE 4.950 07/14/2028 John Deere 03/25/2024 03/27/2024 5,000,000.00 5,045,340.85 5,048,150.00 2,809.15 4.662 3.15 1,290 1.29% A1 A A+ Corporates 62,762,000.00 62,274,264.53 61,899,259.56 (375,004.97) 15.97% Bond Holdings 342,742,000.00 341,836,825.99 336,992,489.51 (4,844,336.48) 87.64% Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
12/31/2024
Report Run Date: Jan 22, 2025 12
Cash Receipts and Disbursements December 2023 November 2024 December 2024 Receipts
General Fund
Property Tax 23,817,212$ 13,938,891$ 21,433,013$ Local Sales Tax 3,996,591 3,753,893 3,902,573
Public Safety Sales Tax 285,478 - 282,770
Transient Occupancy Tax (TOT) 1,072,762 1,340,268 953,287 Utility Users Tax (UUT) 1,642,396 2,035,599 632,281
Other Revenue 4,462,678 5,772,282 5,699,051
Total General Fund Revenue 35,277,117 26,840,934 32,902,974 Total All Other Funds Revenue 22,491,481 14,890,047 21,008,154 Total Receipts 57,768,599$ 41,730,980$ 53,911,128$
Disbursements
General Fund
Personnel Services (16,299,110) (19,316,461) (12,903,173) Operating Expenses (3,789,596) (6,907,527) (3,807,718)
Capital Expenditures - - -
Non-Operating Expenses (466,907) - (302,936)
Total General Fund Disbursements (20,555,613) (26,223,988) (17,013,827) Total All Other Funds Disbursements (26,181,844) (14,380,623) (17,034,933) Total Disbursements (46,737,457) (40,604,611) (34,048,761) Net Change in Cash Flow 11,031,142$ 1,126,369$ 19,862,367$ Summary of Cash by Fund December 2023 November 2024 December 2024 General Fund 83,851,956$ 88,007,455$ 103,896,602$ General Fund Other 5,361,116 2,625,520 2,622,246
Capital Projects Funds 67,553,371 50,679,375 48,624,041 Debt Service Funds 29,577,241 40,002,504 38,013,090
Enterprise Funds 81,583,428 87,257,472 89,914,247
Trust and Agency Funds 3,362,860 7,047,736 12,956,082
Internal Service Funds 52,107,813 49,135,380 48,958,819 Special Revenue Funds 50,053,181 52,866,080 52,498,764
General Ledger Cash Balances * 373,450,966$ 377,621,523$ 397,483,890$ Total cash will differ from investment portfolio total due to outstanding checks and/or other timing differences.
Note: Above information was obtained from the City's accounting system records. The above information includes receipts from maturing investments and payments for purchased investments in the city investment portfolio. This statement is prepared in compliance with the City's Charter.
Statement of Cash Receipts and Disbursements
As of: December 31, 2024
13 Portfolio Summary
City of Huntington Beach
Portfolio: CITY
Reporting Date: (FY2025)
11/01/2024 - 11/30/2024
Full Accrual Basis
Par Value Book Value Market Value Book Value
% of Port Book Yield Book Yield
Contribution
Days to
Maturity
Cash / Money Market
Local Govt Inv Pools (LGIP)
Negotiable CDs
U.S. Treasuries
Supranational
U.S. Agencies
Corporates
Hold
Total
$6,142,708.88 $6,142,708.88 $6,142,708.88 1.67% 4.51% 0.08% 1 $25,270,693.89 $25,270,693.89 $25,270,693.89 6.86% 4.87% 0.33% 1 $5,000,000.00 $5,000,000.00 $5,000,000.00 1.36% 4.51% 0.06% 249 $69,000,000.00 $68,835,652.47 $67,635,200.00 18.69% 2.83% 0.53% 773 $50,000,000.00 $49,661,130.00 $49,423,450.00 13.49% 3.33% 0.45% 986 $150,980,000.00 $151,064,277.29 $148,347,687.85 41.03% 2.48% 1.02% 674 $62,762,000.00 $62,245,769.47 $61,998,957.91 16.90% 4.15% 0.70% 725 $369,155,402.77 $368,220,232.00 $363,818,698.53 100.00% 3.17% 680 Portfolio Investments
11/30/2024
Date
City Treasurer
TitleAlisa Backstrom
I certify that this report and the corresponding pages attached accurately reflect all portfolio combined investments and conforms with all California state statutes and the Huntington Beach investment policy filed on December 19, 2023. The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations. Market values are provided by US Bank via Interactive Data Corp (IDC) City Portfolio Certification
Fiscal YTD Transactions
Redemptions 0
Purchases 1
Total Activity 1
Period Transactions
Redemptions 14
Purchases 11
Total Activity 25
Net Period Earnings $4,844,156.58
Last FY Period Net Earnings $3,813,988.22
Avg Daily Book Balance $379,713,517.35
$1.00 $1.00
Net Effective Annual Return 3.070%
Net Period Earnings $956,939.16
Last FY Period Net Earnings $723,286.07
Avg Daily Book Balance $365,723,217.30
$1.00 $1.00
Net Effective Annual Return 3.230%
Fiscal YTD Summary (153 Days)Period Earnings Summary (30 Days) ______________________________________________ __________________ sum2
Total Market Value
$1.00
$363,818,698.53
sum2
Total Book Value
$2.00
$368,220,232.00
Market Value
Book Value
Par Value
sum2
Total Par Value
$1.00
$369,155,402.77
The City Portfolio uses a 12 month moving average of the 1.5Yr Treasury for comparison purposes. This period, that rate is equal to: 4.600% ____________________________________________
14 Accounting ID Ticker Pool Description Type Par Value Book Value Market Value Rate % of Portfolio 104 FUZXX First American Treasury Obligations Cash/Money Market 6,142,708.88 6,142,708.88 6,142,708.88 4.510 1.67% Cash/Money Market Total 6,142,708.88 6,142,708.88 6,142,708.88 1.67% 003 CAMP California Asset Management Program LGIP 25,270,693.89 25,270,693.89 25,270,693.89 4.870 6.86% LGIP Total 25,270,693.89 25,270,693.89 25,270,693.89 6.86% Portfolio: CITYCash By Structure Report
City of Huntington Beach
Reporting Period:
11/30/2024
Report Run Date: Jan 22, 2025 15
Accounting ID Transaction Type Cusip Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total Activity Total 0.00 0.00 0.00 0.00 Portfolio: CITY Bond Redemption Activity Report
City of Huntington Beach
Reporting Period:
11/30/2024
Report Run Date: Jan 22, 2025
16 Accounting ID Transaction Type Cusip Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total 4424
Buy
91282CKZ3
T 4.375 07/15/2027
100.71400
11/04/2024
11/04/2024
5,000,000.00
5,035,700.00
66,576.09
5,102,276.09
Activity Total 5,000,000.00 5,035,700.00 66,576.09 5,102,276.09 Portfolio: CITY Bond Purchase Activity Report
City of Huntington Beach
Reporting Period:
11/30/2024
Report Run Date: Jan 22, 2025
17 Accounting ID Transaction Type Cusip Description Date Posted Interest Received Purchased Interest Adjustment Net Interest
4389
Interest Income
3133EPJP1
FFCB 3.625 05/12/2027
11/12/2024
90,625.00
90,625.00
4318
Interest Income
3135GA2Z3
FNMA 0.560 11/17/2025
11/18/2024
8,400.00
8,400.00
4327
Interest Income
3130AMDL3
FHLB 0.800 07/25/2025
11/25/2024
20,000.00
20,000.00
4328
Interest Income
3130AMJN3
FHLB 1.030 05/26/2026
11/26/2024
25,750.00
25,750.00
Activity Total 144,775.00 0.00 144,775.00 Portfolio: CITY Bond Interest Received Report
City of Huntington Beach
Reporting Period:
11/30/2024
Report Run Date: Jan 22, 2025
18 Accounting
ID CUSIP Ticker Coupon Maturity Date Short Description Trade Date Settlement Date Par Value Book Value Market Value Gain/Loss Book
Yield
Effective
Duration
Days to
Maturity
(%) of
Portfolio
Moodys
Rating
S&P
Rating
Fitch
Rating
4420 PPGJFO804 CAMP 4.510 08/07/2025 California Asset Management 08/23/2024 08/23/2024 5,000,000.00 5,000,000.00 5,000,000.00 0.00 4.510 0.68 249 1.36% AAA Negotiable CDs 5,000,000.00 5,000,000.00 5,000,000.00 0.00 1.36% 4376
91282CEU1
T
2.875
06/15/2025
U.S. Treasury Note
11/17/2022
11/18/2022
3,000,000.00
2,978,838.26
2,976,420.00
(2,418.26)
4.276
0.52 196
0.81%
Aaa
AA+
AA+
4330 91282CAB7 T 0.250 07/31/2025 U.S. Treasury Note 05/18/2021 05/19/2021 5,000,000.00 4,988,073.53 4,865,050.00 (123,023.53) 0.615 0.65 242 1.35% Aaa AA+ AA+ 4340 91282CAJ0 T 0.250 08/31/2025 U.S. Treasury Note 09/23/2021 09/27/2021 5,000,000.00 4,982,152.20 4,847,650.00 (134,502.20) 0.735 0.73 273 1.35% Aaa AA+ AA+ 4351 9128284Z0 T 2.750 08/31/2025 U.S. Treasury Note 12/30/2021 12/31/2021 5,000,000.00 5,060,104.85 4,938,000.00 (122,104.85) 1.103 0.73 273 1.37% Aaa AA+ AA+ 4411 91282CHM6 T 4.500 07/15/2026 U.S. Treasury Note 03/11/2024 03/12/2024 5,000,000.00 5,008,951.40 5,019,750.00 10,798.60 4.380 1.52 591 1.36% Aaa AA+ AA+ 4341 91282CCP4 T 0.625 07/31/2026 U.S. Treasury Note 09/30/2021 09/30/2021 5,000,000.00 4,973,652.97 4,712,300.00 (261,352.97) 0.950 1.62 607 1.35% Aaa AA+ AA+ 4339 91282CCW9 T 0.750 08/31/2026 U.S. Treasury Note 09/23/2021 09/23/2021 1,000,000.00 997,611.48 942,030.00 (55,581.48) 0.890 1.70 638 0.27% Aaa AA+ AA+ 4342 91282CCW9 T 0.750 08/31/2026 U.S. Treasury Note 11/22/2021 11/23/2021 5,000,000.00 4,954,791.55 4,710,150.00 (244,641.55) 1.285 1.70 638 1.35% Aaa AA+ AA+ 4379 91282CEW7 T 3.250 06/30/2027 U.S. Treasury Note 12/28/2022 12/29/2022 5,000,000.00 4,912,282.09 4,893,550.00 (18,732.09) 4.000 2.41 941 1.33% Aaa AA+ AA+ 4406 91282CEW7 T 3.250 06/30/2027 U.S. Treasury Note 12/21/2023 12/22/2023 5,000,000.00 4,915,266.10 4,893,550.00 (21,716.10) 3.960 2.41 941 1.33% Aaa AA+ AA+ 4424 91282CKZ3 T 4.375 07/15/2027 U.S. Treasury Note 10/31/2024 11/04/2024 5,000,000.00 5,034,719.43 5,030,100.00 (4,619.43) 4.090 2.41 956 1.37% Aaa AA+ AA+ 4409 91282CFB2 T 2.750 07/31/2027 U.S. Treasury Note 01/18/2024 01/19/2024 5,000,000.00 4,836,516.99 4,825,600.00 (10,916.99) 4.080 2.51 972 1.31% Aaa AA+ AA+ 4421 91282CHK0 T 4.000 06/30/2028 U.S. Treasury Note 09/17/2024 09/18/2024 5,000,000.00 5,094,641.56 4,980,650.00 (113,991.56) 3.431 3.25 1,307 1.38% Aaa AA+ AA+ 4408
91282CHQ7
T
4.125
07/31/2028
U.S. Treasury Note
01/12/2024
01/16/2024
10,000,000.00
10,098,050.06
10,000,400.00
(97,650.06)
3.831
3.32 1,338
2.74%
Aaa
AA+
AA+
U.S. Treasuries 69,000,000.00 68,835,652.47 67,635,200.00 (1,200,452.47) 18.69% 4338
459058JE4
IBRD
0.376
07/28/2025
Int'l Bank for Recon and Dev
07/28/2021
07/30/2021
5,000,000.00
4,993,242.70
4,868,150.00
(125,092.70)
0.583
0.64 239
1.36%
Aaa
AAA
AAA
4319
459058JL8
IBRD
0.500
10/28/2025
Int'l Bank for Recon and Dev
01/08/2021
01/12/2021
5,000,000.00
4,999,479.00
4,828,150.00
(171,329.00)
0.512
0.89 331
1.36%
Aaa
AAA
AAA
4324
45906M2L4
IBRD
0.650
02/24/2026
Int'l Bank for Recon and Dev
04/28/2021
04/30/2021
5,000,000.00
4,986,766.21
4,767,450.00
(219,316.21)
0.870
1.20 450
1.35%
Aaa
AAA
AAA
4413
45818WFN1
IADB
4.850
07/19/2027
Inter-American Development Bank
05/28/2024
05/29/2024
10,000,000.00
10,019,547.26
10,153,800.00
134,252.74
4.770
2.41 960
2.72%
Aaa
AAA
AAA
4401
45818WEQ5
IADB
3.800
06/09/2028
Inter-American Development Bank
09/19/2023
09/21/2023
5,000,000.00
4,871,071.73
4,935,150.00
64,078.27
4.622
3.20 1,286
1.32%
Aaa
AAA
AAA
4402
459058KT9
IBRD
3.500
07/12/2028
Int'l Bank for Recon and Dev
11/09/2023
11/13/2023
5,000,000.00
4,797,759.98
4,889,050.00
91,290.02
4.760
3.31 1,319
1.30%
Aaa
AAA
AAA
4403
459058KT9
IBRD
3.500
07/12/2028
Int'l Bank for Recon and Dev
12/04/2023
12/06/2023
5,000,000.00
4,862,004.44
4,889,050.00
27,045.56
4.350
3.31 1,319
1.32%
Aaa
AAA
AAA
4410
459058KW2
IBRD
4.625
08/01/2028
Int'l Bank for Recon and Dev
01/23/2024
01/25/2024
5,000,000.00
5,081,992.62
5,073,500.00
(8,492.62)
4.130
3.30 1,339
1.38%
Aaa
AAA
AAA
4423
45950KDH0
IFC
4.250
07/02/2029
International Finance Corp
10/22/2024
10/23/2024
5,000,000.00
5,049,266.07
5,019,150.00
(30,116.07)
4.011
4.06 1,674
1.37%
Aaa
AAA
Supranational 50,000,000.00 49,661,130.00 49,423,450.00 (237,680.00) 13.49% 4334
3130AMW65
FHLB
0.500
12/30/2024
Federal Home Loan Bank
06/15/2021
06/30/2021
5,000,000.00
5,000,000.00
4,983,950.00
(16,050.00)
0.500
0.08 29
1.36%
Aaa
AA+
4332
3130AMQ62
FHLB
0.625
03/14/2025
Federal Home Loan Bank
05/26/2021
06/14/2021
5,000,000.00
5,000,000.00
4,942,700.00
(57,300.00)
0.625
0.28 103
1.36%
Aaa
AA+
4397
3130AWER7
FHLB
4.625
06/06/2025
Federal Home Loan Bank
06/14/2023
06/15/2023
3,000,000.00
2,999,508.23
3,002,880.00
3,371.77
4.659
0.49 187
0.81%
Aaa
AA+
4329
3135G04Z3
FNMA
0.500
06/17/2025
Fannie Mae
05/13/2021
05/14/2021
5,000,000.00
4,996,560.35
4,893,000.00
(103,560.35)
0.628
0.53 198
1.36%
Aaa
AA+
AA+
4381
3135G04Z3
FNMA
0.500
06/17/2025
Fannie Mae
01/12/2023
01/13/2023
5,000,000.00
4,909,736.84
4,893,000.00
(16,736.84)
4.013
0.53 198
1.33%
Aaa
AA+
AA+
4345
3130AQ5S8
FHLB
1.250
06/30/2025
Federal Home Loan Bank
12/08/2021
12/30/2021
4,650,000.00
4,650,000.00
4,565,091.00
(84,909.00)
1.250
0.56 211
1.26%
Aaa
AA+
4327
3130AMDL3
FHLB
0.800
07/25/2025
Federal Home Loan Bank
05/11/2021
05/25/2021
5,000,000.00
5,000,000.00
4,877,650.00
(122,350.00)
0.800
0.63 236
1.36%
Aaa
AA+
4360
3130AQT94
FHLB
1.600
08/28/2025
Federal Home Loan Bank
03/03/2022
03/04/2022
4,575,000.00
4,567,937.75
4,483,134.00
(84,803.75)
1.816
0.72 270
1.24%
Aaa
AA+
4331
3130AMQ54
FHLB
0.700
09/16/2025
Federal Home Loan Bank
05/26/2021
06/16/2021
5,000,000.00
5,000,000.00
4,858,150.00
(141,850.00)
0.700
0.78 289
1.36%
Aaa
AA+
4318
3135GA2Z3
FNMA
0.560
11/17/2025
Fannie Mae
01/08/2021
01/11/2021
3,000,000.00
3,000,653.95
2,892,810.00
(107,843.95)
0.500
0.94 351
0.81%
Aaa
AA+
AA+
4320
3130AKN36
FHLB
0.525
01/15/2026
Federal Home Loan Bank
01/14/2021
01/15/2021
5,000,000.00
4,998,877.78
4,791,000.00
(207,877.78)
0.545
1.10 410
1.36%
Aaa
AA+
4321
3130AKN85
FHLB
0.550
01/20/2026
Federal Home Loan Bank
01/14/2021
01/20/2021
5,000,000.00
4,999,431.94
4,789,750.00
(209,681.94)
0.560
1.11 415
1.36%
Aaa
AA+
4322
3130AKUS3
FHLB
0.500
01/28/2026
Federal Home Loan Bank
01/26/2021
01/28/2021
5,000,000.00
5,000,000.00
4,782,900.00
(217,100.00)
0.500
1.13 423
1.36%
Aaa
AA+
4333 3130ALEY6 FHLB 0.800 03/04/2026 Federal Home Loan Bank 06/09/2021 06/10/2021 5,000,000.00 5,000,000.00 4,782,750.00 (217,250.00) 0.800 1.22 458 1.36% Aaa AA+ 4328 3130AMJN3 FHLB 1.030 05/26/2026 Federal Home Loan Bank 05/12/2021 05/26/2021 5,000,000.00 5,000,000.00 4,766,900.00 (233,100.00) 1.030 1.44 541 1.36% Aaa AA+ 4335 3130AMFS6 FHLB 0.750 06/12/2026 Federal Home Loan Bank 06/16/2021 06/17/2021 5,000,000.00 4,990,791.09 4,743,450.00 (247,341.09) 0.873 1.49 558 1.36% Aaa AA+ 4388 3130AVWS7 FHLB 3.750 06/12/2026 Federal Home Loan Bank 05/08/2023 05/09/2023 3,000,000.00 2,997,935.61 2,978,280.00 (19,655.61) 3.796 1.44 558 0.81% Aaa AA+ 4398 3133EPNG6 FFCB 4.375 06/23/2026 Federal Farm Credit Bank 06/22/2023 06/23/2023 3,000,000.00 2,999,297.50 3,004,170.00 4,872.50 4.391 1.47 569 0.81% Aaa AA+ AA+ 4347 3130AQ7E7 FHLB 1.500 06/30/2026 Federal Home Loan Bank 12/14/2021 12/30/2021 5,000,000.00 5,000,702.47 4,781,400.00 (219,302.47) 1.339 1.52 576 1.36% Aaa AA+ 4384 3130AUMC5 FHLB 3.750 07/20/2026 Federal Home Loan Bank 01/17/2023 01/19/2023 5,000,000.00 5,000,000.00 4,961,250.00 (38,750.00) 3.750 1.55 596 1.36% Aaa AA+ 4356 3130AQS79 FHLB 2.250 08/07/2026 Federal Home Loan Bank 01/27/2022 02/07/2022 5,000,000.00 5,000,000.00 4,833,450.00 (166,550.00) 2.250 1.61 614 1.36% Aaa AA+ 4386 3133EPGT6 FFCB 3.875 04/26/2027 Federal Farm Credit Bank 04/21/2023 04/26/2023 5,000,000.00 4,996,546.01 4,962,900.00 (33,646.01) 3.906 2.26 876 1.36% Aaa AA+ AA+ 4389 3133EPJP1 FFCB 3.625 05/12/2027 Federal Farm Credit Bank 05/08/2023 05/12/2023 5,000,000.00 4,991,526.49 4,933,750.00 (57,776.49) 3.700 2.31 892 1.36% Aaa AA+ AA+ 4392 3130AW4N7 FHLB 3.630 06/04/2027 Federal Home Loan Bank 05/16/2023 05/18/2023 5,000,000.00 5,000,000.00 4,940,250.00 (59,750.00) 3.630 2.33 915 1.36% Aaa AA+ 4396 3133EPMV4 FFCB 4.125 06/15/2027 Federal Farm Credit Bank 06/09/2023 06/15/2023 5,000,000.00 4,999,397.01 4,990,050.00 (9,347.01) 4.130 2.34 926 1.36% Aaa AA+ AA+ Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
11/30/2024
Report Run Date: Jan 22, 2025 19
Accounting
ID CUSIP Ticker Coupon Maturity Date Short Description Trade Date Settlement Date Par Value Book Value Market Value Gain/Loss Book
Yield
Effective
Duration
Days to
Maturity
(%) of
Portfolio
Moodys
Rating
S&P
Rating
Fitch
Rating
4385 3134GYPF3 FHLMC 4.750 07/12/2027 Freddie Mac 04/21/2023 04/24/2023 3,300,000.00 3,296,931.52 3,293,664.00 (3,267.52) 4.791 1.24 953 0.90% Aaa AA+ AA+ 4405 3130AWWN6 FHLB 4.500 09/10/2027 Federal Home Loan Bank 12/04/2023 12/05/2023 4,455,000.00 4,467,875.38 4,497,188.85 29,313.47 4.383 2.56 1,013 1.21% Aaa AA+ 4395 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/09/2023 06/13/2023 5,000,000.00 5,003,247.66 4,971,650.00 (31,597.66) 3.979 3.19 1,286 1.36% Aaa AA+ 4399 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/26/2023 06/27/2023 5,000,000.00 4,998,043.21 4,971,650.00 (26,393.21) 4.012 3.19 1,286 1.36% Aaa AA+ 4400 31422X5U2 FAMCA 5.100 08/07/2028 Farmer Mac 08/02/2023 08/07/2023 2,000,000.00 2,000,000.00 2,004,720.00 4,720.00 5.100 1.20 1,345 0.54% 4414 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/18/2024 07/19/2024 5,000,000.00 5,106,000.11 5,095,300.00 (10,700.11) 4.100 3.95 1,650 1.39% Aaa AA+ 4415 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/24/2024 07/25/2024 5,000,000.00 5,093,276.38 5,095,300.00 2,023.62 4.162 3.95 1,650 1.38% Aaa AA+ 4422 3135GAVN8 FNMA 4.330 07/09/2029 Fannie Mae 09/26/2024 10/09/2024 5,000,000.00 5,000,000.00 4,983,600.00 (16,400.00) 4.330 1.78 1,681 1.36% Aaa AA+ AA+ U.S. Agencies 150,980,000.00 151,064,277.29 148,347,687.85 (2,716,589.44) 41.03% 4371 459200KS9 IBM 4.000 07/27/2025 IBM 08/09/2022 08/11/2022 6,000,000.00 6,006,973.73 5,973,240.00 (33,733.73) 3.810 0.63 238 1.63% A3 A- 4372 931142EW9 WMT 3.900 09/09/2025 Walmart 09/20/2022 09/22/2022 5,000,000.00 4,990,985.19 4,980,400.00 (10,585.19) 4.150 0.75 282 1.36% Aa2 AA AA 4382 717081DV2 PFE 2.750 06/03/2026 Pfizer Inc 01/13/2023 01/18/2023 5,000,000.00 4,903,109.14 4,875,900.00 (27,209.14) 4.142 1.43 549 1.33% A2 A WD 4375 110122CN6 BMY 3.200 06/15/2026 Bristol-Myers Squibb 11/14/2022 11/16/2022 5,000,000.00 4,909,872.92 4,907,750.00 (2,122.92) 4.480 1.44 561 1.33% A2 A 4390 931142EM1 WMT 3.050 07/08/2026 Walmart 05/11/2023 05/15/2023 4,257,000.00 4,212,166.76 4,172,626.26 (39,540.50) 3.752 1.50 584 1.14% Aa2 AA AA 4391 904764AU1 UNANA 2.000 07/28/2026 Unilever 05/11/2023 05/15/2023 2,505,000.00 2,437,009.26 2,413,141.65 (23,867.61) 3.752 1.59 604 0.66% A1 A+ WD 4404 037833DN7 AAPL 2.050 09/11/2026 Apple 12/04/2023 12/06/2023 5,000,000.00 4,790,633.17 4,804,950.00 14,316.83 4.583 1.71 649 1.30% Aaa AA+ 4407 713448DN5 PEP 2.375 10/06/2026 Pepsi 12/21/2023 12/26/2023 5,000,000.00 4,836,243.75 4,826,550.00 (9,693.75) 4.273 1.76 674 1.31% A1 A+ WD 4417 437076DB5 HD 4.875 06/25/2027 Home Depot 08/22/2024 08/23/2024 5,000,000.00 5,094,627.02 5,061,100.00 (33,527.02) 4.061 2.30 936 1.38% A2 A A 4416 438516CX2 HON 4.650 07/30/2027 Honeywell 08/14/2024 08/15/2024 5,000,000.00 5,061,843.57 5,035,900.00 (25,943.57) 4.137 2.41 971 1.37% A2 A A 4418 023135BC9 AMZN 3.150 08/22/2027 Amazon 08/22/2024 08/23/2024 5,000,000.00 4,886,807.69 4,853,100.00 (33,707.69) 4.040 2.51 994 1.33% A1 AA AA- 4419 14913UAR1 CAT 4.400 10/15/2027 Caterpillar 09/09/2024 09/10/2024 5,000,000.00 5,069,087.89 5,006,800.00 (62,287.89) 3.886 2.66 1,048 1.38% A2 A A+ 4412 24422EXB0 DE 4.950 07/14/2028 John Deere 03/25/2024 03/27/2024 5,000,000.00 5,046,409.37 5,087,500.00 41,090.63 4.662 3.23 1,321 1.37% A1 A A+ Corporates 62,762,000.00 62,245,769.47 61,998,957.91 (246,811.56) 16.90% Bond Holdings 337,742,000.00 336,806,829.23 332,405,295.76 (4,401,533.47) 91.47% Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
11/30/2024
Report Run Date: Jan 22, 2025 20
Statement of Cash Receipts and Disbursements and
Cash Receipts and Disbursements November 2023 October 202 4 November 2024 Receipts
General Fund
Property Tax 13,791,928 $ 201,778 $ 13,938,891$ Local Sales Tax 3,944,653 3,524,748 3,753,893
Public Safety Sales Tax 244,768 232,598 ‐
Transient Occupancy Tax (TOT) 1,419,750 1,478,309 1,340,268 Utility Users Tax (UUT) 2,091,183 1,956,395 2,035,599 Other Revenue 5,396,567 5,017,649 5,772,282
Total General Fund Revenue 26,888,849 12,411,478 26,840,934 Total All Other Funds Revenue 24,250,676 19,402,257 14,890,047 Total Receipts 51,139,525$ 31,813,735 $ 41,730,980 $ Disbursements
General Fund
Personnel Services (12,831,863) (11,416,192) (19,316,461) Operating Expenses (4,421,467) (5,328,268) (6,907,527) Capital Expenditures ‐ ‐ ‐
Non‐Operating Expenses (5,688) (1,221,767) ‐ Total General Fund Disbursements (17,259,018) (17,966,227) (26,223,988) Total All Other Funds Disbursements (20,257,979) (22,920,565) (14,380,623) Total Disbursements (37,516,996) (40,886,792) (40,604,611) Net Change in Cash Flow 13,622,529$ (9,073,057)$ 1,126,369$ Summary of Cash by Fund November 2023 October 2024 November 2024 General Fund 67,926,778$ 85,239,072$ 85,856,018$ General Fund Other 5,453,511 2,580,586 2,612,398
Capital Projects Funds 69,241,611 52,224,975 50,371,174 Debt Service Funds 31,743,448 38,340,772 39,809,863 Enterprise Funds 80,368,509 84,416,966 86,820,741 Trust and Agency Funds 2,965,717 7,939,638 6,928,113 Internal Service Funds 55,112,174 48,759,348 48,858,566 Special Revenue Funds 51,596,498 53,203,205 52,574,059 General Ledger Cash Balances * 364,408,247$ 372,704,563$ 373,830,932$ Total cash will differ from investment portfolio total due to outstanding checks and/or other timing differences.
Note: Above information was obtained from the City's accounting system records. The above information includes receipts from maturing investments and payments for purchased investments in the city investment portfolio. This statement is prepared in compliance with the City's Charter.
Summary of Cash by Fund
City Treasurer's Office
November 2024
21 Portfolio Summary
City of Huntington Beach
Portfolio: CITY
Reporting Date: (FY2025)
10/01/2024 - 10/31/2024
Full Accrual Basis
Par Value Book Value Market Value Book Value
% of Port Book Yield Book Yield
Contribution
Days to
Maturity
Cash / Money Market
Local Govt Inv Pools (LGIP)
Negotiable CDs
U.S. Treasuries
Supranational
U.S. Agencies
Corporates
Hold
Total
$3,026,710.95 $3,026,710.95 $3,026,710.95 0.83% 4.69% 0.04% 1 $30,173,749.94 $30,173,749.94 $30,173,749.94 8.27% 5.03% 0.42% 1 $5,000,000.00 $5,000,000.00 $5,000,000.00 1.37% 4.51% 0.06% 279 $64,000,000.00 $63,791,600.33 $62,517,380.00 17.48% 2.73% 0.48% 789 $50,000,000.00 $49,651,812.00 $49,364,000.00 13.61% 3.33% 0.45% 1,016 $150,980,000.00 $151,051,944.88 $148,157,453.05 41.39% 2.48% 1.03% 705 $62,762,000.00 $62,217,274.42 $61,920,466.78 17.05% 4.15% 0.71% 755 $365,942,460.89 $364,913,092.52 $360,159,760.72 100.00% 3.18% 700 Portfolio Investments
10/31/2024
Date
City Treasurer
TitleAlisa Backstrom
I certify that this report and the corresponding pages attached accurately reflect all portfolio combined investments and conforms with all California state statutes and the Huntington Beach investment policy filed on December 19, 2023. The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations. Market values are provided by US Bank via Interactive Data Corp (IDC) City Portfolio Certification
Fiscal YTD Transactions
Redemptions 1
Purchases 2
Total Activity 3
Period Transactions
Redemptions 14
Purchases 10
Total Activity 24
Net Period Earnings $3,887,217.42
Last FY Period Net Earnings $3,090,702.15
Avg Daily Book Balance $383,211,092.36
$1.00 $1.00
Net Effective Annual Return 3.040%
Net Period Earnings $986,338.88
Last FY Period Net Earnings $735,333.30
Avg Daily Book Balance $370,819,351.69
$1.00 $1.00
Net Effective Annual Return 3.177%
Fiscal YTD Summary (123 Days)Period Earnings Summary (31 Days) ______________________________________________ __________________ sum2
Total Market Value
$1.00
$360,159,760.72
sum2
Total Book Value
$2.00
$364,913,092.52
Market Value
Book Value
Par Value
sum2
Total Par Value
$1.00
$365,942,460.89
The City Portfolio uses a 12 month moving average of the 1.5Yr Treasury for comparison purposes. This period, that rate is equal to: 4.670% ____________________________________________
22 Accounting ID Ticker Pool Description Type Par Value Book Value Market Value Rate % of Portfolio 104 FUZXX First American Treasury Obligations Cash/Money Market 3,026,710.95 3,026,710.95 3,026,710.95 4.690 0.83% Cash/Money Market Total 3,026,710.95 3,026,710.95 3,026,710.95 0.83% 003 CAMP California Asset Management Program LGIP 30,173,749.94 30,173,749.94 30,173,749.94 5.030 8.27% LGIP Total 30,173,749.94 30,173,749.94 30,173,749.94 8.27% Portfolio: CITYCash By Structure Report
City of Huntington Beach
Reporting Period:
10/31/2024
Report Run Date: Jan 22, 2025
23 Accounting ID Transaction Type Cusip Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total 4350
Maturity
912828YM6
T 1.500 10/31/2024
100.00000
10/31/2024
10/31/2024
3,000,000.00
3,000,000.00
0.00 3,000,000.00
Activity Total 3,000,000.00 3,000,000.00 0.00 3,000,000.00 Portfolio: CITY Bond Redemption Activity Report
City of Huntington Beach
Reporting Period:
10/31/2024
Report Run Date: Jan 22, 2025
24 Accounting ID Transaction Type Cusip Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total 4422
Buy
3135GAVN8
FNMA 4.330 07/09/2029
100.00000
10/09/2024
10/09/2024
5,000,000.00
5,000,000.00
0.00 5,000,000.00
4423
Buy
45950KDH0
IFC 4.250 07/02/2029
101.00800
10/23/2024
10/23/2024
5,000,000.00
5,050,400.00
65,520.83
5,115,920.83
Activity Total 10,000,000.00 10,050,400.00 65,520.83 10,115,920.83 Portfolio: CITY Bond Purchase Activity Report
City of Huntington Beach
Reporting Period:
10/31/2024
Report Run Date: Jan 22, 2025
25 Accounting ID Transaction Type Cusip Description Date Posted Interest Received Purchased Interest Adjustment Net Interest
4407
Interest Income
713448DN5
PEP 2.375 10/06/2026
10/07/2024
59,375.00
59,375.00
4419
Interest Income
14913UAR1
CAT 4.400 10/15/2027
10/15/2024
36,055.56
14,666.67
21,388.89
4386
Interest Income
3133EPGT6
FFCB 3.875 04/26/2027
10/28/2024
96,875.00
96,875.00
4319
Interest Income
459058JL8
IBRD 0.500 10/28/2025
10/28/2024
12,500.00
12,500.00
4350
Interest Income
912828YM6
T 1.500 10/31/2024
10/31/2024
22,500.00
22,500.00
Activity Total 227,305.56 14,666.67 212,638.89 Portfolio: CITY Bond Interest Received Report
City of Huntington Beach
Reporting Period:
10/31/2024
Report Run Date: Jan 22, 2025
26 Accounting
ID CUSIP Ticker Coupon Maturity Date Short Description Trade Date Settlement Date Par Value Book Value Market Value Gain/Loss Book
Yield
Effective
Duration
Days to
Maturity
(%) of
Portfolio
Moodys
Rating
S&P
Rating
Fitch
Rating
4420 PPGJFO804 CAMP 4.510 08/07/2025 California Asset Management 08/23/2024 08/23/2024 5,000,000.00 5,000,000.00 5,000,000.00 0.00 4.510 0.76 279 1.37% AAA Negotiable CDs 5,000,000.00 5,000,000.00 5,000,000.00 0.00 1.37% 4376
91282CEU1
T
2.875
06/15/2025
U.S. Treasury Note
11/17/2022
11/18/2022
3,000,000.00
2,975,599.21
2,972,880.00
(2,719.21)
4.276
0.60 226
0.82%
Aaa
AA+
AA+
4330 91282CAB7 T 0.250 07/31/2025 U.S. Treasury Note 05/18/2021 05/19/2021 5,000,000.00 4,986,595.05 4,849,450.00 (137,145.05) 0.615 0.73 272 1.37% Aaa AA+ AA+ 4340 91282CAJ0 T 0.250 08/31/2025 U.S. Treasury Note 09/23/2021 09/27/2021 5,000,000.00 4,980,190.90 4,832,050.00 (148,140.90) 0.735 0.81 303 1.36% Aaa AA+ AA+ 4351 9128284Z0 T 2.750 08/31/2025 U.S. Treasury Note 12/30/2021 12/31/2021 5,000,000.00 5,066,709.78 4,933,150.00 (133,559.78) 1.103 0.81 303 1.39% Aaa AA+ AA+ 4411 91282CHM6 T 4.500 07/15/2026 U.S. Treasury Note 03/11/2024 03/12/2024 5,000,000.00 5,009,405.79 5,024,400.00 14,994.21 4.380 1.60 621 1.37% Aaa AA+ AA+ 4341 91282CCP4 T 0.625 07/31/2026 U.S. Treasury Note 09/30/2021 09/30/2021 5,000,000.00 4,972,350.81 4,702,150.00 (270,200.81) 0.950 1.70 637 1.36% Aaa AA+ AA+ 4339 91282CCW9 T 0.750 08/31/2026 U.S. Treasury Note 09/23/2021 09/23/2021 1,000,000.00 997,499.17 940,000.00 (57,499.17) 0.890 1.78 668 0.27% Aaa AA+ AA+ 4342 91282CCW9 T 0.750 08/31/2026 U.S. Treasury Note 11/22/2021 11/23/2021 5,000,000.00 4,952,665.76 4,700,000.00 (252,665.76) 1.285 1.78 668 1.36% Aaa AA+ AA+ 4379 91282CEW7 T 3.250 06/30/2027 U.S. Treasury Note 12/28/2022 12/29/2022 5,000,000.00 4,909,485.55 4,890,450.00 (19,035.55) 4.000 2.49 971 1.35% Aaa AA+ AA+ 4406 91282CEW7 T 3.250 06/30/2027 U.S. Treasury Note 12/21/2023 12/22/2023 5,000,000.00 4,912,564.70 4,890,450.00 (22,114.70) 3.960 2.49 971 1.35% Aaa AA+ AA+ 4409 91282CFB2 T 2.750 07/31/2027 U.S. Treasury Note 01/18/2024 01/19/2024 5,000,000.00 4,831,471.22 4,821,300.00 (10,171.22) 4.080 2.59 1,002 1.32% Aaa AA+ AA+ 4421 91282CHK0 T 4.000 06/30/2028 U.S. Treasury Note 09/17/2024 09/18/2024 5,000,000.00 5,096,813.90 4,974,400.00 (122,413.90) 3.431 3.33 1,337 1.40% Aaa AA+ AA+ 4408 91282CHQ7 T 4.125 07/31/2028 U.S. Treasury Note 01/12/2024 01/16/2024 10,000,000.00 10,100,248.49 9,986,700.00 (113,548.49) 3.831 3.40 1,368 2.77% Aaa AA+ AA+ U.S. Treasuries 64,000,000.00 63,791,600.33 62,517,380.00 (1,274,220.33) 17.48% 4338
459058JE4
IBRD
0.376
07/28/2025
Int'l Bank for Recon and Dev
07/28/2021
07/30/2021
5,000,000.00
4,992,387.34
4,853,050.00
(139,337.34)
0.583
0.72 269
1.37%
Aaa
AAA
AAA
4319
459058JL8
IBRD
0.500
10/28/2025
Int'l Bank for Recon and Dev
01/08/2021
01/12/2021
5,000,000.00
4,999,431.20
4,810,350.00
(189,081.20)
0.512
0.97 361
1.37%
Aaa
AAA
AAA
4324
45906M2L4
IBRD
0.650
02/24/2026
Int'l Bank for Recon and Dev
04/28/2021
04/30/2021
5,000,000.00
4,985,870.01
4,756,700.00
(229,170.01)
0.870
1.28 480
1.37%
Aaa
AAA
AAA
4413
45818WFN1
IADB
4.850
07/19/2027
Inter-American Development Bank
05/28/2024
05/29/2024
10,000,000.00
10,020,165.84
10,160,500.00
140,334.16
4.770
2.49 990
2.75%
Aaa
AAA
AAA
4401
45818WEQ5
IADB
3.800
06/09/2028
Inter-American Development Bank
09/19/2023
09/21/2023
5,000,000.00
4,868,021.38
4,929,950.00
61,928.62
4.622
3.28 1,316
1.33%
Aaa
AAA
AAA
4402
459058KT9
IBRD
3.500
07/12/2028
Int'l Bank for Recon and Dev
11/09/2023
11/13/2023
5,000,000.00
4,793,096.49
4,884,950.00
91,853.51
4.760
3.39 1,349
1.31%
Aaa
AAA
AAA
4403
459058KT9
IBRD
3.500
07/12/2028
Int'l Bank for Recon and Dev
12/04/2023
12/06/2023
5,000,000.00
4,858,822.37
4,884,950.00
26,127.63
4.350
3.39 1,349
1.33%
Aaa
AAA
AAA
4410
459058KW2
IBRD
4.625
08/01/2028
Int'l Bank for Recon and Dev
01/23/2024
01/25/2024
5,000,000.00
5,083,856.09
5,076,450.00
(7,406.09)
4.130
3.38 1,369
1.39%
Aaa
AAA
AAA
4423
45950KDH0
IFC
4.250
07/02/2029
International Finance Corp
10/22/2024
10/23/2024
5,000,000.00
5,050,161.28
5,007,100.00
(43,061.28)
4.011
4.14 1,704
1.38%
Aaa
AAA
Supranational 50,000,000.00 49,651,812.00 49,364,000.00 (287,812.00) 13.61% 4334
3130AMW65
FHLB
0.500
12/30/2024
Federal Home Loan Bank
06/15/2021
06/30/2021
5,000,000.00
5,000,000.00
4,966,150.00
(33,850.00)
0.500
0.16 59
1.37%
Aaa
AA+
4332
3130AMQ62
FHLB
0.625
03/14/2025
Federal Home Loan Bank
05/26/2021
06/14/2021
5,000,000.00
5,000,000.00
4,926,950.00
(73,050.00)
0.625
0.36 133
1.37%
Aaa
AA+
4397
3130AWER7
FHLB
4.625
06/06/2025
Federal Home Loan Bank
06/14/2023
06/15/2023
3,000,000.00
2,999,428.48
3,004,380.00
4,951.52
4.659
0.57 217
0.82%
Aaa
AA+
4329
3135G04Z3
FNMA
0.500
06/17/2025
Fannie Mae
05/13/2021
05/14/2021
5,000,000.00
4,996,033.88
4,880,100.00
(115,933.88)
0.628
0.61 228
1.37%
Aaa
AA+
AA+
4381
3135G04Z3
FNMA
0.500
06/17/2025
Fannie Mae
01/12/2023
01/13/2023
5,000,000.00
4,895,921.05
4,880,100.00
(15,821.05)
4.013
0.61 228
1.34%
Aaa
AA+
AA+
4345
3130AQ5S8
FHLB
1.250
06/30/2025
Federal Home Loan Bank
12/08/2021
12/30/2021
4,650,000.00
4,650,000.00
4,554,396.00
(95,604.00)
1.250
0.65 241
1.27%
Aaa
AA+
4327
3130AMDL3
FHLB
0.800
07/25/2025
Federal Home Loan Bank
05/11/2021
05/25/2021
5,000,000.00
5,000,000.00
4,869,900.00
(130,100.00)
0.800
0.71 266
1.37%
Aaa
AA+
4360
3130AQT94
FHLB
1.600
08/28/2025
Federal Home Loan Bank
03/03/2022
03/04/2022
4,575,000.00
4,567,144.24
4,474,029.75
(93,114.49)
1.816
0.80 300
1.25%
Aaa
AA+
4331
3130AMQ54
FHLB
0.700
09/16/2025
Federal Home Loan Bank
05/26/2021
06/16/2021
5,000,000.00
5,000,000.00
4,844,800.00
(155,200.00)
0.700
0.86 319
1.37%
Aaa
AA+
4318
3135GA2Z3
FNMA
0.560
11/17/2025
Fannie Mae
01/08/2021
01/11/2021
3,000,000.00
3,000,710.65
2,888,130.00
(112,580.65)
0.500
1.02 381
0.82%
Aaa
AA+
AA+
4320
3130AKN36
FHLB
0.525
01/15/2026
Federal Home Loan Bank
01/14/2021
01/15/2021
5,000,000.00
4,998,794.44
4,778,950.00
(219,844.44)
0.545
1.18 440
1.37%
Aaa
AA+
4321
3130AKN85
FHLB
0.550
01/20/2026
Federal Home Loan Bank
01/14/2021
01/20/2021
5,000,000.00
4,999,390.28
4,777,850.00
(221,540.28)
0.560
1.19 445
1.37%
Aaa
AA+
4322
3130AKUS3
FHLB
0.500
01/28/2026
Federal Home Loan Bank
01/26/2021
01/28/2021
5,000,000.00
5,000,000.00
4,770,650.00
(229,350.00)
0.500
1.21 453
1.37%
Aaa
AA+
4333
3130ALEY6
FHLB
0.800
03/04/2026
Federal Home Loan Bank
06/09/2021
06/10/2021
5,000,000.00
5,000,000.00
4,771,650.00
(228,350.00)
0.800
1.30 488
1.37%
Aaa
AA+
4328 3130AMJN3 FHLB 1.030 05/26/2026 Federal Home Loan Bank 05/12/2021 05/26/2021 5,000,000.00 5,000,000.00 4,751,100.00 (248,900.00) 1.030 1.52 571 1.37% Aaa AA+ 4335 3130AMFS6 FHLB 0.750 06/12/2026 Federal Home Loan Bank 06/16/2021 06/17/2021 5,000,000.00 4,990,289.69 4,732,600.00 (257,689.69) 0.873 1.57 588 1.37% Aaa AA+ 4388 3130AVWS7 FHLB 3.750 06/12/2026 Federal Home Loan Bank 05/08/2023 05/09/2023 3,000,000.00 2,997,823.21 2,978,970.00 (18,853.21) 3.796 1.53 588 0.82% Aaa AA+ 4398 3133EPNG6 FFCB 4.375 06/23/2026 Federal Farm Credit Bank 06/22/2023 06/23/2023 3,000,000.00 2,999,260.00 3,013,470.00 14,210.00 4.391 1.55 599 0.82% Aaa AA+ AA+ 4347 3130AQ7E7 FHLB 1.500 06/30/2026 Federal Home Loan Bank 12/14/2021 12/30/2021 5,000,000.00 5,000,739.51 4,773,600.00 (227,139.51) 1.339 1.60 606 1.37% Aaa AA+ 4384 3130AUMC5 FHLB 3.750 07/20/2026 Federal Home Loan Bank 01/17/2023 01/19/2023 5,000,000.00 5,000,000.00 4,962,650.00 (37,350.00) 3.750 1.63 626 1.37% Aaa AA+ 4356 3130AQS79 FHLB 2.250 08/07/2026 Federal Home Loan Bank 01/27/2022 02/07/2022 5,000,000.00 5,000,000.00 4,837,600.00 (162,400.00) 2.250 1.70 644 1.37% Aaa AA+ 4386 3133EPGT6 FFCB 3.875 04/26/2027 Federal Farm Credit Bank 04/21/2023 04/26/2023 5,000,000.00 4,996,426.22 4,967,800.00 (28,626.22) 3.906 2.34 906 1.37% Aaa AA+ AA+ 4389 3133EPJP1 FFCB 3.625 05/12/2027 Federal Farm Credit Bank 05/08/2023 05/12/2023 5,000,000.00 4,991,237.95 4,937,200.00 (54,037.95) 3.700 2.35 922 1.37% Aaa AA+ AA+ 4392 3130AW4N7 FHLB 3.630 06/04/2027 Federal Home Loan Bank 05/16/2023 05/18/2023 5,000,000.00 5,000,000.00 4,939,750.00 (60,250.00) 3.630 2.41 945 1.37% Aaa AA+ 4396 3133EPMV4 FFCB 4.125 06/15/2027 Federal Farm Credit Bank 06/09/2023 06/15/2023 5,000,000.00 4,999,377.22 4,995,150.00 (4,227.22) 4.130 2.42 956 1.37% Aaa AA+ AA+ 4385 3134GYPF3 FHLMC 4.750 07/12/2027 Freddie Mac 04/21/2023 04/24/2023 3,300,000.00 3,296,833.70 3,297,987.00 1,153.30 4.791 1.31 983 0.90% Aaa AA+ AA+ Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
10/31/2024
Report Run Date: Jan 22, 2025
27 Accounting
ID CUSIP Ticker Coupon Maturity Date Short Description Trade Date Settlement Date Par Value Book Value Market Value Gain/Loss Book
Yield
Effective
Duration
Days to
Maturity
(%) of
Portfolio
Moodys
Rating
S&P
Rating
Fitch
Rating
4405 3130AWWN6 FHLB 4.500 09/10/2027 Federal Home Loan Bank 12/04/2023 12/05/2023 4,455,000.00 4,468,262.03 4,484,670.30 16,408.27 4.383 2.64 1,043 1.22% Aaa AA+ 4395 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/09/2023 06/13/2023 5,000,000.00 5,003,324.50 4,966,900.00 (36,424.50) 3.979 3.27 1,316 1.37% Aaa AA+ 4399 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/26/2023 06/27/2023 5,000,000.00 4,997,996.91 4,966,900.00 (31,096.91) 4.012 3.27 1,316 1.37% Aaa AA+ 4400 31422X5U2 FAMCA 5.100 08/07/2028 Farmer Mac 08/02/2023 08/07/2023 2,000,000.00 2,000,000.00 2,003,520.00 3,520.00 5.100 1.43 1,375 0.55% 4414 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/18/2024 07/19/2024 5,000,000.00 5,107,954.63 5,088,300.00 (19,654.63) 4.100 4.03 1,680 1.40% Aaa AA+ 4415 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/24/2024 07/25/2024 5,000,000.00 5,094,996.29 5,088,300.00 (6,696.29) 4.162 4.03 1,680 1.40% Aaa AA+ 4422 3135GAVN8 FNMA 4.330 07/09/2029 Fannie Mae 09/26/2024 10/09/2024 5,000,000.00 5,000,000.00 4,982,950.00 (17,050.00) 4.330 1.93 1,711 1.37% Aaa AA+ AA+ U.S. Agencies 150,980,000.00 151,051,944.88 148,157,453.05 (2,894,491.83) 41.39% 4371 459200KS9 IBM 4.000 07/27/2025 IBM 08/09/2022 08/11/2022 6,000,000.00 6,007,860.23 5,968,020.00 (39,840.23) 3.810 0.71 268 1.65% A3 A- 4372 931142EW9 WMT 3.900 09/09/2025 Walmart 09/20/2022 09/22/2022 5,000,000.00 4,990,012.37 4,979,350.00 (10,662.37) 4.150 0.83 312 1.37% Aa2 AA AA 4382 717081DV2 PFE 2.750 06/03/2026 Pfizer Inc 01/13/2023 01/18/2023 5,000,000.00 4,897,746.17 4,872,800.00 (24,946.17) 4.142 1.51 579 1.34% A2 A WD 4375 110122CN6 BMY 3.200 06/15/2026 Bristol-Myers Squibb 11/14/2022 11/16/2022 5,000,000.00 4,904,992.40 4,904,000.00 (992.40) 4.480 1.52 591 1.34% A2 A 4390 931142EM1 WMT 3.050 07/08/2026 Walmart 05/11/2023 05/15/2023 4,257,000.00 4,209,835.75 4,170,966.03 (38,869.72) 3.752 1.58 614 1.15% Aa2 AA AA 4391 904764AU1 UNANA 2.000 07/28/2026 Unilever 05/11/2023 05/15/2023 2,505,000.00 2,433,592.64 2,407,680.75 (25,911.89) 3.752 1.67 634 0.67% A1 A+ WD 4404 037833DN7 AAPL 2.050 09/11/2026 Apple 12/04/2023 12/06/2023 5,000,000.00 4,780,819.10 4,797,800.00 16,980.90 4.583 1.79 679 1.31% Aaa AA+ 4407 713448DN5 PEP 2.375 10/06/2026 Pepsi 12/21/2023 12/26/2023 5,000,000.00 4,828,856.25 4,823,100.00 (5,756.25) 4.273 1.84 704 1.32% A1 A+ WD 4417 437076DB5 HD 4.875 06/25/2027 Home Depot 08/22/2024 08/23/2024 5,000,000.00 5,097,802.42 5,061,850.00 (35,952.42) 4.061 2.38 966 1.40% A2 A A 4416 438516CX2 HON 4.650 07/30/2027 Honeywell 08/14/2024 08/15/2024 5,000,000.00 5,063,840.68 5,032,750.00 (31,090.68) 4.137 2.49 1,001 1.39% A2 A A 4418 023135BC9 AMZN 3.150 08/22/2027 Amazon 08/22/2024 08/23/2024 5,000,000.00 4,883,346.15 4,839,300.00 (44,046.15) 4.040 2.59 1,024 1.34% A1 AA AA- 4419 14913UAR1 CAT 4.400 10/15/2027 Caterpillar 09/09/2024 09/10/2024 5,000,000.00 5,071,092.38 4,995,550.00 (75,542.38) 3.886 2.73 1,078 1.39% A2 A A+ 4412 24422EXB0 DE 4.950 07/14/2028 John Deere 03/25/2024 03/27/2024 5,000,000.00 5,047,477.89 5,067,300.00 19,822.11 4.662 3.31 1,351 1.38% A1 A A+ Corporates 62,762,000.00 62,217,274.42 61,920,466.78 (296,807.64) 17.05% Bond Holdings 332,742,000.00 331,712,631.63 326,959,299.83 (4,753,331.80) 90.90% Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
10/31/2024
Report Run Date: Jan 22, 2025
28 Statement of Cash Receipts and Disbursements and
Cash Receipts and Disbursements October 2023 September 2024 October 2024 Receipts
General Fund
Property Tax 246,426$ 1,387,322$ 201,778$
Local Sales Tax 4,201,331 3,304,656 3,524,748
Public Safety Sales Tax 236,550 230,367 232,598
Transient Occupancy Tax (TOT) 1,689,599 1,786,747 1,478,309 Utility Users Tax (UUT) 2,417,455 2,117,599 1,956,395
Other Revenue 5,669,127 5,066,154 5,017,649
Total General Fund Revenue 14,460,488 13,892,845 12,411,478 Total All Other Funds Revenue 15,858,729 17,957,224 19,402,257 Total Receipts 30,319,217$ 31,850,068$ 31,813,735$
Disbursements
General Fund
Personnel Services (11,932,469) (12,930,897) (11,416,192) Operating Expenses (5,094,618) (3,500,068) (5,328,268)
Capital Expenditures - - -
Non-Operating Expenses (65,934) (5,833) (1,221,767)
Total General Fund Disbursements (17,093,021) (16,436,798) (17,966,227) Total All Other Funds Disbursements (15,791,321) (16,577,705) (22,920,565) Total Disbursements (32,884,342) (33,014,503) (40,886,792) Net Change in Cash Flow (2,565,125)$ (1,164,435)$ (9,073,057)$ Summary of Cash by Fund October 2023 September 2024 October 2024 General Fund 98,626,924$ 90,077,988$ 84,523,238$
General Fund Other 5,359,882 2,683,372 2,578,936
Capital Projects Funds 51,813,430 52,485,272 52,224,975 Debt Service Funds 27,329,640 38,494,433 38,340,772
Enterprise Funds 73,838,860 83,792,953 84,416,966
Trust and Agency Funds 11,074,223 8,196,810 7,824,256
Internal Service Funds 37,645,916 49,248,219 48,759,348 Special Revenue Funds 45,096,836 55,779,212 53,016,710
General Ledger Cash Balances * 350,785,712$ 380,758,259$ 371,685,202$ Total cash will differ from investment portfolio total due to outstanding checks and/or other timing differences.
Note: Above information was obtained from the City's accounting system records. The above information includes receipts from maturing investments and payments for purchased investments in the city investment portfolio. This statement is prepared in compliance with the City's Charter.
Summary of Cash by Fund
City Treasurer's Office
October 2024
29